President Trump confirmed tonight to reporters on Air Force One that reports of Microsoft trying to acquire TikTok are true, though he didn’t elaborate.

Here’s the news:

Here’s more from Bloomberg:

Microsoft Corp. is in talks on acquiring the US arm of ByteDance Ltd.’s TikTok, President Donald Trump said Monday night, without elaborating.

“I would say yes,” Trump told to reporters aboard Air Force One when asked if Microsoft is in discussions to purchase the app. “A lot of interest in TikTok. There’s great interest in TikTok.”

Trump earlier Monday in Florida addressed a gathering of Republican lawmakers and had alluded to ongoing talks surrounding TikTok’s future.

“We’ll see what happens. We’re going to have a lot of people bidding on it, and if we can save all that voice and all the jobs, and China won’t be involved, we don’t want China involved, but we’ll see what happens,” he said in his speech, referring to the video-sharing app.

Trump is pressing ByteDance to sell a stake in its US TikTok arm, and warning that otherwise he would allow a US law to take effect banning the app in the US.